Planning Your Financial Future

Home
>
Personal Finance
>
Planning Your Financial Future

Planning Your Financial Future

Millions of people give a lot of thought to financial planning but get frustrated and give up before ever making any progress. Making yourself aware of the most common reasons people fail to make a viable financial plan is the first step in reaching your financial goals. The uncertainty of the stock market, social security, and the declining world wide economy have made appropriate financial planning a must for every individual and family. Here are some tips that can make planning for your financial future a more successful experience:

A positive attitude is the most important factor in reaching your financial goals. If you continually have negative thoughts about your ability to plan for your future, you are most likely going to fail in your efforts. A good attitude and the desire to succeed in developing a proper budget and secure financial future will go a long way in helping you reach your goals. It is important to keep your long-term goals in mind and have a positive attitude about what it will take to reach those goals. In planning for your financial future, there is usually no instant gratification, but rather a long-range plan that will allow you to realize your financial dreams over time.

In planning for your financial future, you should identify your motivating factors. Ridding yourself of debts and attempting to appease family members are generally not motivating enough to keep you on the right path. Planning for your future involves developing a long-term plan that leads you to the desired location. Figure out what you want to achieve and stick with your plan. Financial planning is about securing your future, not gaining immediate financial rewards.

Financial planning is the most important thing you can do to provide security for yourself and your family over the long term. Start planning now by making a sensible, maintainable plan and your reward will be a stable, secure financial future.

Ken Austin is the webmaster at http://www.hazeydee.com and http://creditrelief.kraustin.com

In The News:

Fort Worth Star Telegram
Personal finance apps, ranked by Mobilewalla
Fort Worth Star Telegram
Mint.com Personal Finance (Free)* -- One of the most popular money-management apps. You can create a razor-sharp view of your accounts, track your budgets and better manage your expenses. (Mobilewalla score: 99/100) CheckPlease Lite Tip Calculator ...

and more »

Business Insider
Personal Finance Experts Debate Whether Carrying Plastic Is Worth It
Business Insider
Financing a home or a car. It's getting tougher and tougher to take out a mortgage these days, and like it or not, lenders will be checking your credit report. If you haven't got a card, there won't be a credit history to speak of, and you'll have a ...

and more »

Thursday's Personal Finance Stories
MarketWatch
Investors who take minimal risk can't expect much gain, but those who don't manage risk can expect much worse, Jonathan Burton writes today in his Money Talks column. Read about risk manager Keith McCullough's strategy. Also on MarketWatch today, ...

and more »

New Zealand Herald
Easy to educate yourself about finances
New Zealand Herald
Photo / Thinkstock The dearth of personal financial knowledge in New Zealand is shocking. Readers of this column will know I've taken to reading Trade Me's Community forums whenever I want a litmus test of the financial knowledge of the nation.

The sad state of personal finance education
Chicago Tribune
Yet little attention is paid to educating our citizens in personal financial planning. There never has been a comprehensive attempt to provide even basic education in this area -- but all evidence suggests it is sorely needed.

and more »

Haaretz
PersonalFinance: You can like Facebook, but don't friend stock
Chattanooga Times Free Press
Get answers to financial questions on Wednesdays from our columnists who work in the financial services industry. Christopher A. Hopkins CFA, is a vice president at Barnett & Co. Submit questions to his attention by writing to Business Editor Dave ...
Mark Zuckerberg And Priscilla Chan Strike A Blow Against The Wedding ...Forbes
How Will Zuckerberg Spend His Millions?Newsweek

all 469 news articles »

Wednesday's Personal Finance Stories
MarketWatch
Robert Powell writes in his Your Portfolio column today that if you have ever had an investment plan or worked with a financial adviser, you've probably filled out a risk-tolerance questionnaire. The problem is that most investors really don't ...

and more »

Business Insider
Reasons to open a Roth
Chicago Tribune
On March 27, Jeff Rose, financial planner and GoodFinancialCents.com blogger, hosted an online event, the Roth IRA Movement, which he plans to make an annual celebration. He rallied other personal-finance writers to spread the word about the star ...
5 Tax Rules That WorkForbes

all 11 news articles »

New finance and economy course programs in Chicago Public Schools
Examiner.com
According to a recent news release from the Council for Economic Education, a new personal finance class may become a standard part of high school curriculum in the near future. Aimed toward students in their senior year, the course will be part of a ...

Spain's Bankia asks for $24B in state aid
Boston.com
MADRID (AP) — Spain's troubled bank, Bankia, asked the Spanish government for €19 billion ($23.8 billion) in financial support on Friday, the day that a leading credit rating agency downgraded it to junk status. Jose Ignacio Goirigolzarri, the bank's ...

and more »

Google News